For the last three days of trading in the previous week, most trading has been done amid thin market, namely with the number of buyers and sellers at a minimum. This brought about significant volatility and low liquidity.Volatility was on the rise during the last hour of trading of the …
Read More »
Amid thin market conditions, the US Dollar retreated on Thursday. Positive market sentiment madde a very good day for US equities. Key DevelopmentsChinese news headlines triggered several market reactions. On Wednesday, financial markets were on alert after Italy reported that roughly 50% of the passengers of two flights arriving in …
Read More »
The EUR/USD pair is under pressure. The EUR/USD pair sharply dropped during the US session and is obviously facing increasing bearish pressure near a critical support at 1.0110. A break below 1.0100 would bring about parity.On Thursday, the pair touched the 1.0107 level which is, in fact, the lowest level …
Read More »
New Zealand’s dollar slides for the fifth consecutive day after reaching a daily high at 0.6461. However, the NZD/USD is dipping below the 0.6400 figure amidst a risk-off market mood. The NZD/USD is trading at 0.6385, down by 0.86%.Before Wall Street opened, the US Department of Labor reported that Initial …
Read More »
The EUR/USD pair’s main trend is bearish but a firm recovery above 1.0650 could point to an interim bottom as the US dollar drops further amid an improvement in market sentiment. The EUR/USD has been surging since early European session and recently printed a fresh daily high at 1.0598. It …
Read More »
Major pairs were quite volatile on Thursday following the release of US inflation figures. The US Consumer Price Index soared in January, higher than expected. The headline spurred a short-lived dollar’s rally, although the greenback quickly changed course and moved from daily highs to fresh weekly lows against most of …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
